(Reuters) -The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept. 17-18 meeting that Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation had eased. Fed policymakers also projected the benchmark interest rate would fall by another half percentage point by the end of...

HONG KONG (Reuters) - China expressed concern over U.S. tariffs and Russia-related sanctions during a meeting of the two countries' Economic Working Group in Washington, China's finance ministry said on Saturday. China's Vice Minister of Finance Liao Min also introduced about the basket of stimulus policies the world's second largest economy rolled out recently during Friday's meeting, the sixth of...

(Reuters) - A divided U.S. appeals court on Friday ruled that the National Labor Relations Board went too far by ordering Tesla CEO Elon Musk to delete a 2018 tweet stating employees of the electric vehicle maker would lose stock options if they unionized. The New Orleans-based 5th U.S. Circuit Court of Appeals on a 9-8 vote threw out an...

(Reuters) - U.S. money market funds attracted substantial inflows in the week to Oct. 23 as uncertainty over the U.S. presidential election and a reassessment of Federal Reserve rate outlook boosted demand for safer assets. According to LSEG data, investors acquired a net $29.98 billion worth of money market funds during the week, posting their fourth weekly net purchase in...